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The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Eight oil-producing nations of the OPEC+ alliance could hike output by as much as 411,000 barrels per day in July, two OPEC+ ...
Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
Crude oil jumps 3% as OPEC+ holds July output steady. Futures break above 50-day MA, eyeing $64.40 with strong demand and ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
OPEC+ is reportedly considering a larger-than-planned oil production increase for July in response to Kazakhstan's refusal to ...
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. They ...
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